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.s. government. it looks just like 1/4. it was only made 79-81 for three years. it was the last regular issued government issued coin they made the san francisco mint uncirculated condition with the proof. it had all kinds of problems. it makes it a commercial failure but makes it a collectable absolutesaffordable at $129 and a customer pick but $109.95 the most affordablen set released by the u.s. government of all the coin sets we have. the 1999 season the anthony. most people do not even know that coin exists. it was not in the proofset and not man said. that coin you gotta individually--mint- set coin! these, $79 apiece.are $109 across the board for everything that you see. >>host: explain where you get numbers. >>guest: i talked about getting individually and the reason is pretty simple. people buy coins individually to build their sets. when i say if purchased individually that is the way most people put their coins together. the coin catalog they are the lord largest coin catalogers kind of the gold standard and has always been there. that is the reference point for retail coin p
of just 2.5% in the u.s., 1.5% in canada and zero growth in the uk. locally, cutbacks in government spending weighed on the numbers and lower commodity prices also impacted on cash flow and the government is facing more criticism about its effort to keep the budget in surplus while the economy grows. >> the government has had the objective of making sure that we would bring our budget back to surplus when growth has been around trend. what we've been seeking to do through good budget policy has been to provide maximum flexibility to the reserve bank to a just rate so. the government will always put in place appropriate budget settings which will support growth and jobs. >> still, analysts say growth could slow further as the mining investment boom peaks. yesterday, the bank of australia cut interest rates to a record low of 3% and traders are looking further easing next year to offset the falling talks of trade, the high australian daughter and further cutbacks in government spending. >> despite that prognosis for rates and the fact that we're now matching the record lows here, the
agency of state government to cut specific regulations and red tape. we thought fracking was such a big deal. we have a huge amount of natural gas. horizontal drilling and fracking, natural gas has great potential benefits. much cleaner than coal. it is $1.75 per gallon equivalent to less-expensive. it keeps jobs here and does not send billions of dollars to a dictatorship. there is fear about what happens and we sat down with halliburton and the oil and gas services companies. we understand they have trade secrets. we showed what the ingredients are and it took a six months but we got the environmental defense fund to claim victory and have halliburton claim victory. here is a transparency, set of regulations that will protect the public and settle down all the hysteria and kirk -- furor about fracking. i did it when i was a kid diyala this. how do we get past that fear and uncertainty and create some sort of predictability to business needs? that became a symbol for our issues. to find the appropriate compromise so we can get on to the next problem. >> would you like to bring us up-to
of the burden of having to govern egypt. removing themselves from the political system is more in keeping with the history of the egypt armed forces since the 1967 defeat when they determined being a political army was not good for their organization and their ability to fight a war on the battlefield. >> when you look at the struggle, is it first of all essentially the islamist versus the secularist, and is it fair to say as everybody does the islamists have greater appeal, they're better organized, they're going to win this? >> i think it is, right now there are basically three groups here that are contending for the loyalties of the great undifferentiated mass of egyptian people. one group is the egyptians. the people you remember from tahrir square a couple years ago. the third group, the mubarak loyalists. during the revolution of 2011, it was the islamists and young revolution nar ees against the loyalists. now because they have been so heavy handed in the way they have governed the transitions it's now really the revolutionaries fighting them. it takes egypt significant step more t
relieved of the burden of having to govern egypt. removing themselves from the political system is more in keeping with the history of the egypt armed forces since the 1967 defeat when they determined being a political army was not good for their organization and their ability to fight a war on the battlefield. >> is the struggle the islamist versus the seculars and is it fair to say as everybody does while the islamists have greater appeal, they're going to win this. >> there are basically three groups here that are contending for the loyalties of the mass of egypt people. one group is the egyptians. the other is the muhbaric loyalists. it was the islamists and the young revolutionaries against the loyalists. now because they have been so heavy handed in the way they have governed the transitions it's now really the revolutionary finds themselves with these loyalists. they're big grievance is this institution. it takes egypt significant step more toward islamic policy. just a really quick example. article two has said in egypt since 1971 that the sharria is the main source of legislati
's going to come from, how the government is going to make more money. democrats want it to come from increased tax rates on the rich, republicans would prefer to make that extra money by reforming the tax code and entitlements. bill: how is the president trying to rally the public around his ideas, peter? >> reporter: in part with a hashtag. my 2k. the white house is saying if the u.s. goes off the fiscal cliff it will cost the average middle class family $2,200 a year and they want middle class social media users, twitter users who don't want that to happen to get online right now. >> today i'm asking congress to listen to the people who sent us here to serve. i'm asking americans all across the country to make your voice heard. tell members of congress what a $2,000 tax hike would mean to you. call your members of congress. right them an email. post it on their nice book walls. you can tweet it using the hashtag, my 2k. >> reporter: as you heard at the top of the show treasury secretary timothy geithner is going to be on the hill today. one of his meetings will be with senate major
-missile system to turkey; the massive protest against the government in cairo; paul krugman on the stalemate over taxes and spending; the ongoing cholera epidemic in haiti; and american military leadership. but first, the other news of the day. here's hari sreenivasan. >> sreenivasan: iran claimed today it has captured a u.s. surveillance drone. the "scan-eagle" is used to collect photographic and video images. iranian state television broadcast video of two military commanders examining the aircraft. they said it was seized "in the past few days," but they did not specify where or how. in response, the u.s. navy said none of its unmanned aerial vehicles-- u.a.v.'s-- are missing. and in washington, white house spokesman jay carney raised doubts about tehran's statements. we have no evidence that the iranian claims you cite are true. i'd refer you to the pentagon's comments this morning for details about this particular type of u.a.v., but again we have no evidence that the iranian claims are true. >> sreenivasan: a year ago, iran did manage to down a c.i.a. drone that apparently crossed the borde
by the difficulties put forth by government spending at the rates that they have been. so when it comes to the fiscal cliff, our young voters more than ever want to make sure that our republicans and our candidates that are putting forth the message of working together to get this problem solved. i think whether you look at this simpson bowles plan or other things, we need to make sure we're work together and putting these important issues forth. >> rick: let's talk about entitlement reform. that's another topic that's very important for republicans and they have said that the leadership in washington, they want to hear the president. they want to hear democrats talk about entitlement reform. are young republicans in favor of a partial or whole privatization of our entitlement program? would young republicans be open to the idea of privatizing social security and things like that? >> our republicans on campus have traditionally expressed support for cutting spending. they can see that the current climate that we're in of overspending and simply not having enough revenue and increasing our deficit is
this to a c.e.o. in the crowd. so maybe david, you could take this. what role should the government play in the future of -- your business is transportation, too -- in the transportation business with this? look, we are mired in conversations about a fiscal cliff on the very right now. we're talking about long-term infrastructure build-out, a long-term energy plan. what role should c.e.o.'s have and the federal government have in making sure this gets done? >> this is the perfect opportunity for the federal government and for state governments to work together to achieve a common goal, right? there's plenty of times where, when we run a business, our interests might not coalesce with the interests of either of the parties. as fred said, this is the opportunity that we have never had in this country before, where you can have consumer, the business and the governments all working together to take advantage of this huge resource, if you want to call it saudi america. from a waste management perspective, for us it makes so much sense, because it makes business sense. we get about $1.65 equi
: the government creeps closer to the fiscal cliff with orders for the military and others to start preparing for the worst. this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. the country plays the waiting game to see if country and the president take the economy off the fiscal cliff, president obama says he will not play the debt ceiling game again. but he is taking a few more shots in the public relations game. turning the screws on republicans, a little bit more. chief white house correspondent ed henry starts us off tonight. >> reporter: finally the blame for stalled budget talks on republicans, president ratcheted up the lesh on john boehner. >> no one wants to have this done more than me. >> reporter: telling agencies to watch for massive spending cuts from going over the fiscal cliff and warped the business exectives the economy could take another hit if the republicans decide to extend the middle class tax cut to avoid the cliff for now. then come back with more leverage. to tie it to a hike in the debt ceiling. >> we are 23409 going play that game next year. if
. >> tonight, what would you do with half a billion dollars? >> should the government get out of the gambling business or are lotteries just good clean fun? >> my hope is to get this done before christmas. i'm optimistic that we can avert this crisis and sooner rather nan later. should the rich pay more? >> plus money guru dave ramsey on you and your taxes. >> you can't have one percent of the people who own and control more wealth than the other 90% of the people. >> this is piers morgan tonight. >> good evening. our big story tonight is $550 million worth big. >> none of that is tar nenishede unthenthusiasm of those who bou tickets today. dave ramsey is the host of the dave ramsey show. welcome, dave. >> thanks. good to be with you again. >> on the face of it, a good bit of fun. one, big, winner, what is wrong with that? >> the problem is several things. rich people don't play the lottery. look who is standing in line snp it is darryl and his other brother darryl. >> there is a point to that. and i know that all statistics say they tend to be ill educated and poorer and those statistics are
not because of government. companies were carved by bacteria simply to protect their brand. competition, device the pipes are reputation, it protects us much better than government over well. that is our show. i am john stossel, thank you for watching. [app >> gregg: financial future of the country may hang in the balance as the nation gets closer to a fiscal cliff. democrats and republicans have one month to come up with a plan to stop the across the board tax hikes and the major federal spending cuts from taking effect. i'm gregg jarrett. >> heather: i'm heather childers. some of the early optimism for a deal seems to be fading. steve is live in washington with more. >> reporter: one month away from that so-called fiscal cliff. there appears to be very little movement toward any kind of deal. president obama is using the bully-pulpit to appeal to the american people to push for immediate action to push the tax cuts for everybody except for those earning more than $250,000 a year. in his saturday address, he stressed the urgency of the situation. >> if congress does nothin
the best politics is good governing and i think we need to see more focus on solving problems and getting things done in washington than playing politics. i think to recognize there's been real progress made, right the border is safer today, the immigration system is better, the two parties worked together to do that over the last few years. there are still some meaningful things that need to get done. the d.r.e.a.m. act, we have to fix the low-end and high-end visa system. the mexicans are going to do a whole boar border system. i think there will be a lot of room to work together next year to get something meaningful done. if the republicans are earnest and play it straight i think they'll get a lot of credit for working with the democrats to fix the broken immigration system and making it better. jon: getting something meaningful done, it seems like a longtime since that's happened in washington. we'll look forward to it. simon rosenberg. kate obenshane thank you much. jenna: the nato alliance warning the assad regime in syria against using chemical weapons against his own people. this
rebels struck a major blow in the heart of the government today killing a top ruling of the party in a car bombing and someone is cutting off internet and cell phone communication in syria in certain areas. both sides pointing fingers at the others. all of this as decision-maker in washington try to make a decision on how involved the u.s. should be. we get the latest tonight from correspondent connor powell in jerusalem. hello, connor. >> forces loyal to bashar assad show a city of aleppo while rebels filed mortars at the damascus international airport causing damage to the runway to force several airlines to cancel their flight. >> the assad regime air superior over the syrian rebels appears to be disappea disappearing. in the past 24 hours they shut down two helicopters. rebels used the antiaircraft guns to shoot down the helicopters in the past. but now they have access to more shoulder-to-air missiles. >> we have shut down mitt-23 jet with this missile from the syrian army. >> but where the weapons truly come from is a mystery. both qatar and turkey reportedly have given figh
out of denmark. >> i mean, in the sense of the new government cut off my funding. stuart: because of your position on global warming and environmentalism. >> yes we don't want to it hear good advice. stuart: what's your advice on the carbon tax, if we got one, would it help reduce co 2 emissions? >> well, any climate economist would say a low carbon tax makes sense, but the problem is, it will only cut a very tiny amount and of course, what you really have to remember, you're never going to get china or india on board. so essentially, it's going to have a very, very small effect. it's not the solution to climate change. >> would you say that the co 2 emissions are causing temperatures globally to rise. >> yes. >> and that's accurate? >> and in the long run, we do need to cut back on carbon emissions, but the way that we're trying right now, the way that we're trying in doha and many international areas is not working and we're essentially making up these promises, but what are we doing? we're sending productions to china and india, so essentially we're putting out more co 2, but n
to the regime since 2009 when the iranian government was caught off guard and saw the large presence on the internet and getting information from outside of the country and sending information from inside out. it was the twitter rev -- revolution. they were using youtube and blog citizen journalist . this is the dialogue and communication that the government wants to control. so on - >> gretchen: so they are putting satellite blockers. >> it is working. every time there is an obstacle in place they are fining ways to work around it they are technological savvy. three-quarters of the country is under the age of 35. this is not someone they can suppress for too much time . the message to the west and united states in particular, is that this is the achilles heel of the government in iran. they want to protect their existence and they feel vulnerable . they will go to any ends to stop this flow of information. >> gretchen: what should westerners be aware of? is there anything can do? >> support the iranian people in terms of the programs. in the 2009 uprising, there were independent com
yesterday on c- span2. if any family brand their house all the way the u.s. government ran there's, if we could not print money, we would be in a very bad way. i just think we need to get this deficit under control. those two wars that we have not paid for need to be paid for. you know, it has to be done. if going off the fiscal cliff means that it will be done, so be it. host: other groups are weighing in on these fiscal cliff talks. here is "the new york times" -- in the "financial times" this morning -- roger altman writing today in "the financial times." president obama will be meeting with several governors today at the white house to talk about the fiscal cliff. they will be meeting this morning around 10:00 a.m. eastern time, and then the governors are slated to hold a news conference at around 11:30 a.m. eastern time. go to our website for more details. washington insiders tackle fiscal cliff policy solutions. the group will hold a roundtable discussion today on the importance of reform to address the nation's debt and deficit spending this event takes place this morning around 8:
increase and take away any restraint on the government borrowing of new money you're looking at potential higher unemployment, that the real danger you have runaway borrowing and set up what is called a debt crisis at some point in the future. this plan or anything like it, if it is imposed january the 1st is very bad news for the economy. martha: you know, democrats say republicans, we just saw chris van hollen, representative van hollen saying come forward, republicans tell us what you would cut from spending. perhaps republicans need to come out with something equally unpassable, perhaps but as a starting point? melissa: well the republicans have proposed they will allow, they will go for some added tax revenue, get more money from wealthy people. they have already proposed that. that has been flat-out shot down with the democrats. martha: because not in form of increase in tax rates. melissa: precisely. the president insists on rearranging society, redistributing wealth. that is at the core of this plan. the republicans oppose that. they're miles apart. but you take the politics out o
's iconic tahrir square. speaking out against the new proposed constitution. the government infamous majority rushed to approve it before a court could stop them as christian and secular members boycotted a vote walked right out of the hall. activists say the measure could limit civil lishedz in a big way. among other things increases the influence of sharia law and commits the state to protecting morlgs and the quote traditional family. the document does strengthen bans on torture and arbitrary arrests. also curbs executive power and pliments presidential terms. this comes just after the president there mohammed morsi granted himself sweeping new powers basically made himself a dictator. that's what first triggered the protests and less than two years after the fall of egypt's aauthoritarian leader hosni mom bark many egyptians fear their new leader and islamist allies are putting the country back on the path toward dictatorship. steve harrigan live in cairo. steve, any sign the president is willing to concede on any of this? shepard, president morsey has made no moves on compromise
increases. we're saying it now like it's normal. 25% of gdp for government spending and you've got bloated government already, you start there. you start at government spending. you don't immediately start spending another 50 billion in stimulus. >> that's going to be the question that boehner has to deal with. the president will have to deal with the far wings of his party. boehner started doing it. did you see they removed two tea party members from the budget committee? >> i don't want to raise taxes to fund 25% of gdp. >> and actually, the american taxpayers are being told to pay their fair share. they want to see real entitlement reform as well. but you have to deal with the issue on the table. i mean, the spending right now is a percentage of gdp is 24%. it's projected to go substantially higher. do you know that medicare and medicaid didn't exist 50 years ago and they're now a quarter of the federal budget? >> i know. it was supposed to be supplemental. david walker was on the other day talking about obama care which is supposed to save us a trillion dollars and the actual cost, wha
government get out of the business? or is it just good clean fun. and what to do to avoid the fiscal cliff. >> i hope to get it done before christmas. >> i'm an optimistic, i hope to work together to avoid the crisis sooner rather than later. >> should the rich just pay more? i'll ask former officials in the obama office. plus, raising taxes. >>> and tavis smiley, he is on a crusade. >> you can't have 1% of the people who own and control more wealth than the other 99% of the population. >> this is "piers morgan tonight." good evening, our big story tonight is really big, $550 million worth of money, powerball. you probably heard your odds of winning are one in 175 million, 223,000, 500 million in ten. and you are more likely to be crushed by a vending machine as you shake loose a candy bar. the odds of that, more than just 112 million. and many people, most of my staff included have bought tickets by the bucketload tonight. joining me now, this could be the quickest way to ruining your life. dave ramsey, the host of "the dave ramsey show" welcome. >> thank you piers, good to be with you. >
to help make government more efficient. there is a big debate going on about government spending, wasteful spending. maybe he will enlist mitt romney for a initiative along those lines. jon: talk about government spending, we've got that fiscal cliff coming up january 1. might this conversation somehow be used to make some progress on that? >> reporter: it could because of the fact the other person on mitt romney's schedule today is congressman paul ryan, the house budget chairman. of course was his running mate back during the campaign. paul ryan has a key role in these budget talks of course as well. where they stand, a short time ago vice president biden went to a local costco here in washington, d.c., proclaimed himself optimistic they would get a deal. the fact of the matter yesterday, erskine bowles, a key player as well, saying he is slightly pessimistic. he says there is 2/3 chance they will go off the fiscal cliff. that is not what the markets want to hear, jon. jon: not at all. ed henry at the white house. if jay carney relents and let you into the meeting give us a shot. we'll b
-called haircut can be revisited. in the past, merkel's government had ruled out forgiving any debt. >> in corporate new, ubs is reportedly close to a settlement. the "new york times" says the swiss bank is expected to pay horn $450 million over claims that some of its employees submitted false libor rates. that's pretty huge story and we will take a look and ten to see what happens with this. also morgan stanley trader is under investigation by cme regulators over trades and treasury futures four years ago. at the time he was employed by goldman sachs. he's now head of global interest rates products at morgan stanley. the probe is aimed at establishing whether hadden's late trades hat manipulate closing prices and made other trades more profitable. also singapore airline says that it is in talks with interested parties to sell its 49% stake in virgin atlantic. delta is reportedly among the potential suit ors. delta is said to want to gain access on injury gain's landing rights at london heathrow. >> biggest international hub h around. i think an dwderson is really g. it's profita
government. merry christmas, government. you are not the real savior. the reverend joins us live this christmas season. >> brian: super storm sandy couldn't wipe out his home but something else did. >> she said to me. are you sure your house is gone. you misplace a pen and pencil but not a house. >> gretchen: how the entire house vanished."fox and friendst now. ♪ ♪ "fox and friends". >> steve: a house is something that is not easy to misplace. if you leave it there, you come back and it is there. >> gretchen: you hope that happens. we'll fill you in on the details. in the meantime what happen in a phone call. a lot can happen, right. you can get in fights and agreements and compromise. hum, i am not so sure that happened in the phone call between speaker of the house john boehner and president of the united states, barack obama. did they come to a conclusion. it is now the president's turn. >> brian: it is a week since the president and speaker talked. i do not know at of this moment who called who. >> steve: we know no details. >> brian: it is good there is no details. i jus
the federal government work better. the president requested reorganization authority from the congress to do just that. >> chief strategist from the romney campaign described the way president obama won reelection . there was a time not so long ago when the problems of the democrat party was too liberal and too dependent on minorits. obama turned those problems to advantages and rode that strategy to victory. it comes six weeks after a face to face showdown on the deadly raid in the u.s. consulate in benghazi. >> you said it an act of terror. it was not a spontanous demitration. >> please proceed, governor. >> i want to make sure we get that for the record. >> and while he is in town, he will meet with congressman paul ryan. they have kept in touch and at a are catching up somewhere off cap capt hill where ryan has returned to work. >> steve: i wonder if candy crowley will be invited. >> gretchen: it is a photop. it is disappointing in the sense. if it were president bill clinton, you might think that something. ideas might be exchanged with one another. >> steve: some folks suggest that may
was, a detailed set of reforms in health programs, government programs over ten years, which are going to be tough, but we think they make sense. they don't like all those changes, they might want to go beyond that. but they have to tell us what those things are. you're right on the revenue side. we're proposing to let the rates go back to clinton levels. that would be a good thing to do as a sensible economic policy, and we want to combine that with tax reforms that will limit deductions. there's no surprise in this. we have been proposing this for a very long time. the president campaigned on it and i think that's where we're going to end up. and i think that's there going to be very broad support from the business community and from the american people for an agreement with roughly that shape. >> when you talked about limiting the deductions there have been proposals from governor romney during the presidential campaign, and from other republicans, when you talk about those limitations on deductions, do you include the charitable deduction and the home mortgage deduction? >> i think
and bigger government regardless of the impact on jobs and economy and america's standing in the world. >> gretchen: who could the fiscal cliff jumpers be. matt is editor in chief of the washington weekend. he's my guest. good morning. >> good morning. >> gretchen: who wants to go off of the cliff and die. >> buckle your seat. important senator is patti murray in charge of the democrat campaign committee. she got put in the position thinking it was not a good year for democrats and she turned into one. that gave her clout in the democratic caucus. when she gave a speech saying we could make a more liberal deal if we go off the cliff democrats started listening. >> gretchen: senator harry reid want to go off the cliff. >> he's playing the double game. he want to look like a deal make yer support the president. but so many democrats have a strange idea of compromise. it is all right. give me everything and i will do nothing. what we are seeing from the democrats, republicans you cave on taxs and revenue and we'll not cut entitlements at all. that is not a good deal and suggests that more
is the minister, the father is the father, the sun is the son and jeff government. so if everyone in his, and i should say or her place though confucianism doesn't leave much fun for the element. and that within the region and with the world as china looks at, a sense of harmony, japan would be law, that sense of harmony and how you would achieve it is that their frustration is that the work is not just acquiescing to the notion that they are a rich country, that they are returning, that they're powerful, that they want respect. and they want to see the world kind of step back and give it greater latitude, but doesn't see this. this is what i think whether i personally think we are on a collision course. because when you look at what china's expectations of the world are, you also look at its paranoia, you look at jim, i'd love to hear utah, you're such an expert insider, what's going on in the cyber world. you see something which seems hard to me, despite her best efforts in not one to replace history, that the rise of a great power usually and often leads to messiness. usually and often leads
: we have been talking about the next great government bailout. saving the federal housing administration. connell: heading up amazon for a billion dollars in back taxes. connell: stocks now every 15 minutes. we are watching apple today. nicole: it was down over 20% from highs of september. take a look. it is in the green. everybody has been focusing on powerful so much lately. obviously, so when he issues. ipods losing market share. iphones just not doing that well in china. there it is. back in the green. let's take a look at the major market averages. the dow jones industrial average is up. the nasdaq is also in the green, as well as, the s&p 500. daaen: thank you. connell: dan had injured reporting that he will be leaving his post next month. >> the opportunity presented itself. this was the moment to either take this job or not. i think he felt with the senate transitioning into a new year this was the moment to make the move. he took it. connell: it would have been a six year term. this is early. >> it is a reflection of the frustration. i think it probably would have
to dangerous levels that might have required a government bailout. a lot of people weren't marking things where needed to go. >> i have a lot of questions about this story. it's an amazing allegation. $12 billion in paper losses. >> a lawyer from one of the whistle blowers will join us at 6:50. in a statement to cnbc, the bank says that allegations have already been investigated and all accounting was proper. >> my biggest questions are the allegations say the bank was doing it 2007 to 2010 and nobody came forward until late 2011 to make any complaints. i just wonder if you had been complaining the whole time along -- >> we just had this discussion about how far away do you need to be to where it's a false mark. at least 10% wiggle room. there were no buyers. if there is buyers, does that make it zero. >> basel 2 created a system that if things became less liquid, there is no change in the actual value of of the underlying asset. just couldn't sell it. so it's a bit like saying my house is a lesser asset because i can't accept it right now even though i don't want to sell it right now. >> who m
shrink. on january 1 . we go over the so-called fiscal cliff. and massive government spending cuts. >> and some people fear going off of the cliff could cost thousands of jobs and push our fragile economy back in recession. it seems like we have been down this road before. that deal according to the president and congressional republicans is far from a sure thing. the president said it was a so-called balanced approach to solve this crisis and what he proposed this week was a classic bait and switch on the american people. >> it is unacceptable for republicans to hold middle class tax hostage because they refuse to let them go up on the wealthiest americans. >> people saying that the deal he offered doesn't look like a deal. steve is live in the washington bureau. is there any movement on either side. >> not much. a few republicans who are willing to talk about higher tax rev news but not higher tax rates. the president made a direct appeal to the public. the toy factory in pin pen. he urged congress to pass a bill and extend the era tax cuts for middle class only. >> congress coul
, 29, and the powerball is 6. you lost. the government won. "varney & company" is about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, . . >> . stuart: it's a modern day tea party. it's a revolt led by corporations. the wall street journal reports 173 companies announced they'll pay special dividends for shareholders before the end of the year because a big tax increase on dividends could be coming next year and many companies moving up regular dividends to save their taxpayers, to save taxpayers a lot of money. start with disney. it's raising its dividend and paying it out on december 28th. that's 1.3 billion dollars paid out in total, paid out under the current tax rate. and las vegas sands paying a special dividend, that's a one on shot. 2 and 1/4 billion total. half of that will go to sheldon adelson. costco 3 billion, special dividend, it's borrowing some of the money to pay it and paying it this year until next and that cou
and the government. but what we've seen is the industry minister coming out and again mentioning as you say that he's one of the more left wing officials in france, we get that, but still for him to sort of double down on those comments and say, no, actually, i look around, i see other countries nationalizing these companies. why shouldn't we, too. >> but i think they really do see certain of their companies as more a property of france than of shareholders. their yogurt company. >> but mattel bought france's arsenal back in 2006. so while it's a traditionally france company, it's very important example of cross border m&a. and this is a company again, an india company owned wouldby guy are french in their behaviors. stefane has been all over this kind of explaining the various ang angles. so as we're talking about other wealthy french leaving the country amid the tax hikes that you've been talking about, it's also a lot of the entrepreneurs here who are to some glee getting in the crosshairs of the government. >> i have to give you some advice. the key for you is to understand what they're says, b
there starts to be a dramatic change around '08, '09. so private employment down, government employment slightly up, medicaid enrollment has soared -- that's what you get that helps folks without a lot of means -- and look at the top line. that represents the food stamps. look at the spike. indicative of some of the struggles we've faced in this country over the past few years. >>> well, some of the folks who have found jobs recently have been hired in anticipation of the christmas season, and black friday p shoppers weren't just looking for deals on the latest electronics. turns out gun sales were also a red hot item. the fbi says it could barely keep up with demand from firearms dealers who were seeking background checks on potential buyers. anna coyman is live in randolph, new jersey,ing with more. hey, anna. >> reporter: well, the fbi saying that this black friday they fielded about 155,000 calls for background checks which did wreak the black friday -- break the black friday record from last year, and they even said some of their call centers were so inundated that they experienced
a section of the community that's addicted to the government. so one question is what do we do about the welfare state. another question is whether we shut our borders and allow for some type of comprehensive plan to allow for people to come in here and live free. as long as we have welfare, larry you're not going to be able to address the immigration problem and say oh, this will be fine for now. >> i understand. to be honest, i agree with you but i think most of them come here to work. i believe that in my heart and i think the statistics tend to show that. >> two between rations ago, larry. two generations ago, not now. >> star u-can't give up otherwise you'll never elect another republican. the same thing will be true with asians. they people come network. they have a good entrepreneurial background. they are church going people. the point is that community going to pay any minds to the gop if they still believe republicans will deport them, throw them back over the border. don't let the kids go to local schools if the parents came illegally. don't let the kids go to texas colleg
for the economy. we can make the government use the taxpayers' money more efficiently, lock in some spending savings and do some long-term entitlement reforms to make sure americans feel like they can retire with dignity. >> i want to make sure we're talking about apples and apples here, which is so hard in this discussion. the $800 billion which the republicans put forward, which would be a cap on deductions, how does that compare with how far the information is prepared to go when it comes to raising revenue from capping deductions? >> we don't actually know what the republicans think they can do in that context yet, because they haven't told us how they would propose to raise the $800 billion. we don't know whose taxes would go up. we don't know the mixes of rates and limitations they would support. we think there's a good case as part of an agreement alongside a tax increase on the wealthiest 2% of americans. we think with that mix of rates and deductions, we can reach agreement on something that's very good for the country. >> do you have a number? is there a number that the administrat
the government seemed less stable and our triple-a rating went down to a double-a rating and right now, john thune was right, it takes time to bush legislation through and we can't have a deal cut on christmas eve. >> is this brinksmanship on behalf of the president and time geithner, his treasury secretary, in terms of what the dems are now offering congress? >> no, i think the president has made a riegsal offer and of course, it's an opening offer, but that silence is deafening for the republicans, for the republicans' response. their political lemmings getting ready to go off the fiscal cliff and rather do that and not violate the no tax pledge they made to grover norquist than to move the ball forward and resolve this for the american people. >> is it really about that, angela and dick, is it really about the pledge that was made to grover norquist, no new taxes? we hear eric cantor saying no new taxes and we know that the dems want to have taxes on the wealthy and also know that the republicans would like to see some spending cuts as well. >> it's not about grover norquist and the pledg
be cutback to entitlement programs like social security and medicare and programs that the government uses to keep you healthy. joinings now, registered nurse and republican congresswoman from tennessee diane black. former california insurance commissioner, democratic congressman john giramendi. welcome to you both. >> good morning. >> thank you for having us. >> shannon: something to keep an eye on the issue of doctor reimbursement fee under medicare. if nothing happens those will drop by 27%. come january 1. we know ra lot of doctors are limiting the number of medicare patients they will take in. if they don't get the numbers up what happens next? >> this is why we need reform over medicare. we know we are not going to cut doctors by 27%. if we were to do that, there would be no access for seniors. that is not what we want to do. we have come to the table with a program we think is reasonable about structural reform to medicare. just got to happen. otherwise the president has the eye pad in place and obamacare which is going to be a panel of 15 unelected bureaucratic to be making the dec
should not be conceding that the federal government needs more money, negotiating with ourselves and treating the president's proposal like it's serious. >> we do agree that 8% of the american people are getting about 80% of this tax cut shouldn't have their taxes raised. my suggestion was let's take the one area we agree and take it off the table. >> but zoraida, as you saw there from the president earlier in that bloomberg interview, he is digging in, saying there can't be a deal unless upper income americans pay more. middle-class americans should get the bush era tax cut extension. is he not backing down from that at all. the president saying in that interview that he's not being stubborn. he's not being partisan but rather that it's, quote, a matter of math. >> we've been talking now for a while that americans blame republicans if a deal doesn't go through. new polling shows americans are pessimistic a deal will be reached at all. break down those numbers for us. >> the tune that we're seeing now from not only the white house but also members up on capitol hill where they on
over the role of government. is government an enabler in which case you feel that there should be higher revenue in order to carry on providing some kind of social safety net, or do you feel as republicans do that that just gets in the way of growth? the moment you raise taxes of any form, that's what is a growth inhibitor which is what republicans are saying. >> republicans have accepted the idea that there's going to be revenue. they're over that. the issue now is where does the revenue come from? quite frankly, if the five of us sat around this table, we could get this deal done pretty quickly. it's not hard to compromise it out. you don't increase the rates as much as obama wants. you do some stuff on deductions and so-called loopholes that the republicans want. you create $1.2 trillion of revenue. you have a trillion dollars of savings from some stuff that happened already last year, do some stuff on defense, you could get the $4 trillion package that we need. it's not hard. you just have two sides that are so polarized, have dug themselves into such deep corners, and just
sector. i think we are starting to see a slowdown in the job loss from the government sector. so, i think we're going to be seeing a better than half speed recovery. so, you do want to be taking a balanced approach. we do favor the consumer discretionary at this point offsetting with health care. >> gentlemen, thank you. more breaking news coming away right now. thanks for your thoughts. appreciate it. >> we have the letter. let's get to eamon javers. >> this is the letter speaker boehner sent to the president of the united states. the language he's choosing is important to understand, as he draes the president. the speaker saying, after a status quo election in which both you and the republican majority in the house were re-elected, the american people rightly expect both parties to come together on a fair middle ground and address the nation's most pressing challenges. the speaker characterizing this as a status quo election. that's not the way the white house sees it. the white house sees it as an election they won and they picked up seats in the congress. the speaker here reminding th
to reduce government spending. >> i don't want to belabor the point on people going home but i assume an awful lot of members who have gone home are hearing from their constituents, go back and go to work and solve the problem here, rise above the partisan rancor. >> yes. >> the congress was on a holiday for thanksgiving not that long ago. let's talk though about three areas of real critical importance in this discussion. one is what would you do with respect to reducing the growth of spending in medicare? what specific steps are you willing to put on the table? >> well, let me give you something that -- it's very sensitive. but end of life is where 70% of the medicare dollars go, and yet we have a society where most people will not do a living will. i did a living will with my 90-year-old dad. it was very difficult. he died shortly after. but he told me, hey, do not keep me on life support, it costs a lot of money, plus i don't want it. if do you it, i'll come back and haunt you. but it was a good process. i see as a member of congress so many people who are estranged from their pare
, it is no answer to express compassion for them or create more government programs that offer promise and don't perform . we must come together and advance new strategies. our complicated and uncertain tax code is hindering the jobs. you can't open a business if your tax rate is too high or uncertain. i personally oppose the president's plan to raise taxes. [applause] listen, this is not about a pledge. it is not about protecting millionaires and billionaires. for me it is the fact that tax increases he wants would fail to make a small dent in the debt but it would hurt the middle class business and people who work for them. >> gretchen: this is what the campaign was about . people are sick i and tired of hearing the same talking points . people want to see actual tax reform. get the job done and the kick the can down the road is what we have done for the last four years. will president obama be a different president now he's reelected and will he be concerned about his legacy and take hold and lead discussions on the bigger issues. it upon didn't seem like it is happening in this interview.
wanted to kill in the first place. about "the heavy hand of government". i want to have that conversation. let's talk about it. really. really! that you're gonna lay people off because now the government's going to help you fund your health care. really? i wanna be able to have those conversations. not just to be confrontational, but to understand what the other side is saying. and you know, i'd like to arm our viewers with the ability to argue with their conservative uncle joe over the dinner table. [ music ] >> chatting with you live at current.com/bill presscurrent.com/billpress this is "the bill press show" live on your radio and current tv sglfrnings all right. thirty-three minutes after the hour, wednesday moving right along on the "full-court press." taking your calls on the opportunity i will have tonight. say a quick hello to the leader of the free world on your behalf. what's a quick message you think you want -- you would like me to pass along on your behalf? we will get right back to your calls and your e-mails and your twitter comments? just a se
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